[Form 4] Fundamental Global Inc. 8.00% Cumulative Preferred Stock Insider Trading Activity
Fundamental Global Inc. CFO Mark D. Roberson reported insider transactions dated 08/04/2025. The filing discloses a disposal of 12,083 common shares and the direct acquisition of pre-funded common stock purchase warrants for 30,000 shares. The warrants list a conversion/exercise price of $0.001 and show a $4.99 price in the filing; they become exercisable only after the company both increases authorized shares to 1,000,000,000 and the 21st day following a final information statement required under Nasdaq Rule 5635(d) (the "Initial Exercise Date"). The warrants have no expiration until fully exercised. The Form 4 is signed by Mr. Roberson on 08/08/2025 and identifies him as the company CFO.
Fundamental Global Inc. Il CFO Mark D. Roberson ha segnalato operazioni interne datate 08/04/2025. La comunicazione rivela la cessione di 12,083 azioni ordinarie e l'acquisto diretto di warrant pre-finanziati per l'acquisto di 30,000 azioni ordinarie. I warrant indicano un prezzo di conversione/esercizio di $0.001 e riportano un prezzo di $4.99 nel deposito; saranno esercitabili solo dopo che la società avrà sia aumentato le azioni autorizzate a 1,000,000,000 sia trascorso il 21° giorno dalla pubblicazione della dichiarazione informativa finale richiesta dalla regola Nasdaq 5635(d) (la "Data di esercizio iniziale"). I warrant non hanno scadenza fino al loro completo esercizio. Il Modulo 4 è firmato da Mr. Roberson il 08/08/2025 e lo identifica come CFO della società.
Fundamental Global Inc. El CFO Mark D. Roberson informó transacciones de insiders fechadas el 08/04/2025. La presentación revela la disposición de 12,083 acciones comunes y la adquisición directa de warrants prefinanciados para la compra de 30,000 acciones. Los warrants muestran un precio de conversión/ejercicio de $0.001 y aparecen con un precio de $4.99 en la documentación; solo podrán ejercerse después de que la compañía aumente las acciones autorizadas a 1,000,000,000 y transcurran 21 días desde la declaración informativa final requerida por la Regla Nasdaq 5635(d) (la "Fecha inicial de ejercicio"). Los warrants no vencen hasta su ejercicio completo. El Formulario 4 está firmado por el Sr. Roberson el 08/08/2025 y lo identifica como CFO de la compañía.
Fundamental Global Inc. 재무책임자(CFO) Mark D. Roberson는 08/04/2025자 내부자 거래를 보고했습니다. 제출서류는 12,083 보통주의 처분과 30,000주에 대한 선자금형 보통주 매수워런트의 직접 취득을 공개합니다. 워런트의 전환/행사가격은 $0.001로 기재되어 있으며 제출서류에는 $4.99의 가격이 표시되어 있습니다; 이 워런트는 회사가 승인된 주식 수를 1,000,000,000주로 늘리고 Nasdaq 규칙 5635(d)에 따라 요구되는 최종 정보명세서의 공시 후 21일이 지난 시점(이를 "초기 행사일"이라 함)이 되어야만 행사 가능해집니다. 워런트는 전부 행사될 때까지 만료일이 없습니다. Form 4는 Roberson 씨가 08/08/2025에 서명했으며 그를 회사의 CFO로 기재하고 있습니다.
Fundamental Global Inc. Le CFO Mark D. Roberson a déclaré des opérations d'initiés datées du 08/04/2025. Le dépôt révèle une cession de 12,083 actions ordinaires et l'acquisition directe de warrants d'achat d'actions ordinaires préfinancés pour 30,000 actions. Les warrants indiquent un prix de conversion/exercice de $0.001 et affichent un prix de $4.99 dans le dossier ; ils ne deviennent exerçables qu'après que la société aura à la fois augmenté les actions autorisées à 1,000,000,000 et écoulé 21 jours après une déclaration d'information finale requise par la règle Nasdaq 5635(d) (la "date initiale d'exercice"). Les warrants n'ont pas de date d'expiration tant qu'ils ne sont pas entièrement exercés. Le Formulaire 4 est signé par M. Roberson le 08/08/2025 et l'identifie comme le CFO de la société.
Fundamental Global Inc. CFO Mark D. Roberson meldete Insider-Transaktionen datiert 08/04/2025. Die Einreichung offenbart die Veräußerung von 12,083 Stammaktien und den direkten Erwerb von vorausfinanzierten Kaufwarrants auf 30,000 Aktien. Die Warrants weisen einen Umwandlungs-/Ausübungspreis von $0.001 aus und führen in der Einreichung einen Preis von $4.99 auf; sie werden erst ausübbar, nachdem das Unternehmen sowohl die genehmigten Aktien auf 1,000,000,000 erhöht hat als auch 21 Tage nach einer endgültigen Informationsmitteilung gemäß Nasdaq-Regel 5635(d) (dem "Datum der erstmaligen Ausübung") verstrichen sind. Die Warrants haben keine Frist bis zur vollständigen Ausübung. Das Formular 4 ist von Herrn Roberson am 08/08/2025 unterzeichnet und weist ihn als CFO des Unternehmens aus.
- Acquisition of 30,000 pre-funded warrants giving the reporting person the right to acquire shares directly once exercise conditions are met
- Warrants have no expiration, preserving the ability to exercise when corporate and Nasdaq conditions are satisfied
- Disposition of 12,083 common shares by the CFO, which reduces his direct common-stock stake
- Exercise of warrants is contingent on increasing authorized shares to 1,000,000,000 and a Nasdaq Rule 5635(d) timing condition, delaying potential conversion
Insights
TL;DR: Insider sold a modest block of common stock and received pre-funded warrants to buy 30,000 shares, exercisable after charter and Nasdaq approvals.
The sale of 12,083 common shares is a straightforward disposition that reduces the reporting person’s direct common stock holding. Concurrently, the acquisition of 30,000 pre-funded warrants provides a mechanism to obtain shares later, subject to corporate amendments and a Nasdaq Rule 5635(d) timing condition. Key numeric facts include a $0.001 stated conversion price and an indicated $4.99 price element in the table, and the warrants are listed as direct ownership with no expiration. For valuation or dilution impact, investors will need the company’s total outstanding shares and market context, which are not provided here.
TL;DR: Transaction reflects routine insider activity tied to a capital-structure action requiring shareholder/charter steps and Nasdaq rule timing.
The filing documents a contingent equity issuance mechanism: pre-funded warrants that cannot be exercised until the board/stockholder-level increase in authorized shares and a procedural Nasdaq waiting period are satisfied. This linkage to corporate governance actions is material to timing but not inherently dilutive until exercised. The lack of an expiration date for the warrants and the direct ownership designation simplify ownership tracing, but the contingent exercise conditions mean governance approval and regulatory timing will determine when dilution occurs.
Fundamental Global Inc. Il CFO Mark D. Roberson ha segnalato operazioni interne datate 08/04/2025. La comunicazione rivela la cessione di 12,083 azioni ordinarie e l'acquisto diretto di warrant pre-finanziati per l'acquisto di 30,000 azioni ordinarie. I warrant indicano un prezzo di conversione/esercizio di $0.001 e riportano un prezzo di $4.99 nel deposito; saranno esercitabili solo dopo che la società avrà sia aumentato le azioni autorizzate a 1,000,000,000 sia trascorso il 21° giorno dalla pubblicazione della dichiarazione informativa finale richiesta dalla regola Nasdaq 5635(d) (la "Data di esercizio iniziale"). I warrant non hanno scadenza fino al loro completo esercizio. Il Modulo 4 è firmato da Mr. Roberson il 08/08/2025 e lo identifica come CFO della società.
Fundamental Global Inc. El CFO Mark D. Roberson informó transacciones de insiders fechadas el 08/04/2025. La presentación revela la disposición de 12,083 acciones comunes y la adquisición directa de warrants prefinanciados para la compra de 30,000 acciones. Los warrants muestran un precio de conversión/ejercicio de $0.001 y aparecen con un precio de $4.99 en la documentación; solo podrán ejercerse después de que la compañía aumente las acciones autorizadas a 1,000,000,000 y transcurran 21 días desde la declaración informativa final requerida por la Regla Nasdaq 5635(d) (la "Fecha inicial de ejercicio"). Los warrants no vencen hasta su ejercicio completo. El Formulario 4 está firmado por el Sr. Roberson el 08/08/2025 y lo identifica como CFO de la compañía.
Fundamental Global Inc. 재무책임자(CFO) Mark D. Roberson는 08/04/2025자 내부자 거래를 보고했습니다. 제출서류는 12,083 보통주의 처분과 30,000주에 대한 선자금형 보통주 매수워런트의 직접 취득을 공개합니다. 워런트의 전환/행사가격은 $0.001로 기재되어 있으며 제출서류에는 $4.99의 가격이 표시되어 있습니다; 이 워런트는 회사가 승인된 주식 수를 1,000,000,000주로 늘리고 Nasdaq 규칙 5635(d)에 따라 요구되는 최종 정보명세서의 공시 후 21일이 지난 시점(이를 "초기 행사일"이라 함)이 되어야만 행사 가능해집니다. 워런트는 전부 행사될 때까지 만료일이 없습니다. Form 4는 Roberson 씨가 08/08/2025에 서명했으며 그를 회사의 CFO로 기재하고 있습니다.
Fundamental Global Inc. Le CFO Mark D. Roberson a déclaré des opérations d'initiés datées du 08/04/2025. Le dépôt révèle une cession de 12,083 actions ordinaires et l'acquisition directe de warrants d'achat d'actions ordinaires préfinancés pour 30,000 actions. Les warrants indiquent un prix de conversion/exercice de $0.001 et affichent un prix de $4.99 dans le dossier ; ils ne deviennent exerçables qu'après que la société aura à la fois augmenté les actions autorisées à 1,000,000,000 et écoulé 21 jours après une déclaration d'information finale requise par la règle Nasdaq 5635(d) (la "date initiale d'exercice"). Les warrants n'ont pas de date d'expiration tant qu'ils ne sont pas entièrement exercés. Le Formulaire 4 est signé par M. Roberson le 08/08/2025 et l'identifie comme le CFO de la société.
Fundamental Global Inc. CFO Mark D. Roberson meldete Insider-Transaktionen datiert 08/04/2025. Die Einreichung offenbart die Veräußerung von 12,083 Stammaktien und den direkten Erwerb von vorausfinanzierten Kaufwarrants auf 30,000 Aktien. Die Warrants weisen einen Umwandlungs-/Ausübungspreis von $0.001 aus und führen in der Einreichung einen Preis von $4.99 auf; sie werden erst ausübbar, nachdem das Unternehmen sowohl die genehmigten Aktien auf 1,000,000,000 erhöht hat als auch 21 Tage nach einer endgültigen Informationsmitteilung gemäß Nasdaq-Regel 5635(d) (dem "Datum der erstmaligen Ausübung") verstrichen sind. Die Warrants haben keine Frist bis zur vollständigen Ausübung. Das Formular 4 ist von Herrn Roberson am 08/08/2025 unterzeichnet und weist ihn als CFO des Unternehmens aus.
FAQ
What transactions did Mark D. Roberson report on Form 4 for Fundamental Global (FGF)?
What are the exercise terms of the pre-funded warrants filed on 08/04/2025?
When do the pre-funded warrants become exercisable?
Do the warrants expire?
Who signed the Form 4 and when?
